Offshore News

 

Allseas to Electrify Launch and Recovery Systems

Jan 16, 2025

Allseas has commissioned MacArtney to replace existing hydraulic launch and recovery systems (LARS) with the all-electric eLARS on three vessels.The scope comprises three over-the-side 150 kN all-electric A-frames, including docking head and AHC winch…

Delayed Energy Transition Could Mean Higher Hydrocarbon Prices

Jan 16, 2025

As the risk of a delayed energy transition scenario increases, so does the possibility of a much greater pull on future oil and gas supply, but meeting this demand would require a significant increase in upstream investment, resulting in higher hydrocarbon prices…

BP to slash over 5% of workforce

Jan 16, 2025

BP will cut over 5% of its global workforce, it said on Thursday, as part of CEO Murray Auchincloss' efforts to reduce costs and rebuild investor confidence in the energy giant.Around 4,700 employees and 3,000 contractor positions will be cut this year…

NextGeo Buys Another Geophysical Survey Vessel

Jan 15, 2025

Italian offshore services provider Next Geosolutions (NextGeo) has acquired a geophysical survey vessel from Dutch company SeaMar Subsea for $21.5 million.The Deep Helder vessel will be renamed NG Surveyor, and will be used for geophysical, geotechnical…

New US Energy Department Chief to Call for More LNG

Jan 15, 2025

Chris Wright, President-elect Donald Trump's pick to head the U.S. Energy Department, will tell U.S. senators in his confirmation hearing on Wednesday his first priority is expanding domestic energy production including liquefied natural gas and nuclear power…

Norway Offers 53 New Production Licenses

Jan 14, 2025

The Norwegian Ministry of Energy has offered 53 new production licenses on the Norwegian continental shelf.Awards in Predefined Areas (APA) is an annual exploration round for the Norwegian continental shelf.  Of the 53 production licenses offered in APA 2024…

Feurtado named Manager – Marine Systems at TDI Brooks Int'l

Jan 14, 2025

TDI Brooks announced the appointment of Frank Feurtado as Manager – Marine Systems.With an impressive career spanning over 25 years in the international maritime industry, Frank initially served as a Marine Electronics Technician before climbing the ranks to become a Captain…

Bibby Marine Inks Shipbuilding Contract for eCSOV with Spanish Shipyard

Jan 14, 2025

Bibby Marine has signed a new shipbuilding contract with Spanish shipyard Armon to build its electric Commissioning Service Operation Vessel (eCSOV) for offshore wind industry.The eCSOV will feature a battery system complemented by dual-fuel…

NYK Launches Japan’s Offshore Wind Ship Management Firm

Jan 14, 2025

NYK and Akita Eisen KK have established a joint company Japan Offshore Support (JOS) to provide ship maintenance and management services for offshore wind power projects, as well as training and employment for seafarersBy actively recruiting local talent…

Woodside Accused of Greenwashing Over CCS Plans

Jan 13, 2025

The Australian government’s call for two weeks of public consultation starting January 2 on Woodside Energy’s plans to sequester CO2 as part of the Browse project off Western Australia has met with opposition from environmental groups. The consultation…

Trump's Likely First Energy Policy Moves

Jan 13, 2025

President-elect Donald Trump has promised to maximize U.S. oil and natural gas production - already at record highs - in part by clearing away what he deems as unnecessary regulation and bureaucracy.Here are some of the energy-related executive…

Solstad Offshore’s CSV Gets Multi-Year Contract

Jan 13, 2025

Norwegian offshore vessel owner Solstad Offshore has been awarded a three-year contract with an international contractor for its construction support vessel (CSV) Normand Frontier.The firm contract has an immediate startup and will keep the Normand Frontier fully committed until end 2027…

DEME, Van Oord Secure Offshore Wind Work in Taiwan

Jan 13, 2025

DEME and Van Oord have secured separate contracts from Copenhagen Infrastructure Partners (CIP) for installation works at the 500 MW Fengmiao 1 offshore wind farm in Taiwan.DEME, through its Taiwanese joint venture CDWE, has been awarded a substantial…

Brazil’s President Authorizes Offshore Wind Development

Jan 12, 2025

Brazilian President Luiz Inacio Lula da Silva has signed into law a bill authorizing the development of offshore wind farms, a statement said late on Friday, a bid to strengthen the country's energy security and spark a wave of investment.The…

BOEM Boosts Monetary Penalties for Oil & Gas firms

Jan 10, 2025

Today, the Bureau of Ocean Energy Management (BOEM) announced a final rule that implements the 2025 inflation adjustments for the maximum daily civil monetary penalties contained in BOEM regulations in accordance with Federal law.The Federal…

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